Revenue & Billing Specialist (remote)

Full Time
Watchung, NJ 07069
Posted
Job description

Title: Revenue & Billing Specialist

Location: ERG Corporate (remote)

Job Description:

ERG is a leading U.S. based, privately held, independent clinical research site company, and provider of clinical development services with an expertise in early and late stage neuroscience drug development. With 21 wholly owned clinical sites and 5 affiliated sites, we conduct in-patient and out-patient phase I-IV clinical research studies. ERG has 340+ in-patient beds, a large and growing database of patients suffering from mental illness, neurological disorders, sleep disorders, addictions, Acute and Chronic Pain, diabetes and other illnesses as well as normal healthy volunteers who participate in trials for the advancement of medicine. With access to over 32 million patients/subjects and 5000 + completed trials, ERG continues to grow its capabilities and expand into indications where there are tremendous unmet medical needs in the United States and globally.

The Revenue & Billing Specialist is responsible for managing all aspects of revenue and accounts receivable for designated clinical trial contracts, including the billing, cash receipts application, collections, reconciliation and revenue recognition processes

Responsibilities:

  • Review and analyze sponsor contracts, compare to Clinical Trial Management System (“CTMS”) database, make determinations as to what revenue can be recognized for financial accounting purposes
  • Prepare Excel tracking sheets for each study providing an overview of billable vs. non-billable revenue and timelines for recognizing and invoicing
  • QC visits, comparing data entered to sponsor contracts and CTMS; resolve discrepancies through communication with operations and/or budget team
  • Generate complete and accurate invoices in CTMS and submit to sponsors
  • Finalize revenue monthly to meet month-end close calendar
  • Conduct regular and study-end account reconciliations by downloading CTMS reports in Excel and reconciling to sponsor study activity to confirm completeness of all invoiceable items

Skills and Qualifications:

Education and experience

  • Minimum 2 to 5 years of related work experience
  • Strong financial & analytical acumen
  • Strong technical skills, ability to learn and efficiently utilize new systems (CTMS)
  • Proficient with Microsoft Excel
  • Proficient with Microsoft Office

Skills, Abilities, and Competencies

  • Strong analytical and problem-solving skills
  • Excellent organizational skills
  • Ability to develop and maintain efficient processes
  • Detail oriented, organized and able to meet tight deadlines

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